The country’s largest passenger vehicle manufacturer reported 32.7 per cent decline in its sales last month. The company sold 106,413 units including exports compared with 158,189 vehicles in August 2018. Even other automobile makers have been reporting falling sales due to sagging consumer sentiment amid the economic slowdown.

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Maruti Suzuki India Limited has decided to shut down the

passenger vehicle manufacturing operations of Gurugram Plant and Manesar Plant in Haryana for two days, on 7th and 9th September, 2019. Both days will be observed as no production days. pic.twitter.com/5yr0JNRxkU

Tata Motors reported a 49 per cent slump in its domestic sales on a year-on-year basis at 29,140 units. The commercial vehicles’ sales dipped 45 per cent to 21,824 units, it said. It sold 7,316 passenger vehicles in August, showing a decline of 58 per cent from 17,351 units during the year-ago month.”

Subdued demand sentiment due to poor freight availability, lower freight rates and a general slowdown in the economy continued to hamper commercial vehicle demand,” said its President of Tata Motors’ commercial vehicles business division Girish Wagh. On Monday, the Society of Indian Automobile Manufacturers (SIAM) said there has been more than 30 per cent erosion of sales for passenger vehicles across the country.